SOUTH AFRICAN RAND FUTURES - CONTRACT SPECS
| Contract Unit | 500,000 South African rand | ||||
| Trading Hours | CME Globex: | Sundays: 5:00 p.m. – 4:00 p.m. Central Time (CT) next day. Monday – Friday: 5:00 p.m. – 4:00 p.m. CT the next day, except on Friday – closes at 4:00 p.m. and reopens Sunday at 5:00 p.m. CT. | CME ClearPort: | Sunday 5:00 p.m. - Friday 5:45 p.m. CT with no reporting Monday - Thursday 5:45 p.m. – 6:00 p.m. CT | |
| Minimum Price Fluctuation | $.000025 per South African rand increments ($12.50/contract). | ||||
| Product Code | CME Globex: 6ZCME ClearPort: RAClearing: RA | ||||
| Listed Contracts | Thirteen consecutive calendar months plus two-deferred March quarterly cycle months | ||||
| Settlement Method | Deliverable | ||||
| Termination Of Trading | 9:16 a.m. Central Time (CT) on the second business day immediately preceding the third Wednesday of the contract month (usually Monday). | ||||
| Settlement Procedures | ZAR/USD Futures Settlement Procedures | ||||
| Position Limits | CME Position Limits | ||||
| Exchange Rulebook | CME 259 | ||||
| Block Minimum | Block Minimum Thresholds | ||||
| Price Limit Or Circuit | Price Limits | ||||
| Vendor Codes | Quote Vendor Symbols Listing | ||||
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